We've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very clear why those in control of publishing COT data hold up its release for three days (the data is always for Tuesday's close) so that those at the top of the food chain can positio...Read More

Gold started the month with an upswing, silver soared and... Silver stocks declined. Yes, you read that right. Big upswings can be bullish developments, but it's definitely not true in all cases. For instance, in this case, one could say that while it's true that gold moved higher, it failed to move to the late-March high, let alone break above it. Why is gold not moving decisively in any direct...Read More

Dear Friend of GATA and Gold:Your secretary/treasurer was interviewed for about five minutes this morning by Bernie Lo and Akiko Fujita on CNBC Asia's "Squawk Box" program in Hong Kong, discussing the surreptitious daily interventions in the gold market by central banks and the Bank for International Settlements to suppress the monetary metal's price. A well-edited excerpt from the interview, la...Read More

Jeff was a small business owner in New Hampshire. One Tuesday afternoon, his neighbor called... "You need to get home NOW! There's a dumpster in your yard, a padlock on your door, and a bunch of guys are ransacking your house!"Continue...Read More

Silver may have to wait for gold to sort itself out, but looking for much downside in silver may be disappointed. Here's why...by Clive Maund of Streetwise ReportsWe've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very clear why those i...Read More

China's Guiling Pinggang Iron & Steel is to commission a new electric-arc furnace (EAF) mill by the second quarter of 2019, Metal Bulletin has learned.It will have a tapping weight of 120 tonnes and a 120-tonne twin ladle furnace.The EAF will be built in a new production facility in Pingle, Guilin, and aims to serve a growing rebar market, equipment maker Primetals said.It can be charged with ferr...Read More

By Keith WeinerLet's tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why, and if/when the price will go back to what it ought to be ($1,000,000 we are told).As an aside, in what other market...Read More

Financial crises tend to start at the periphery and work their way into a system's core. Think subprime mortgages (a tiny little niche of a few hundred billion dollars) that blew up in 2007 and nearly brought the curtain down on the whole show.There's no guarantee that the same dynamic will play out this time, but stage one - the bursting of peripheral bubbles - has definitely arrived, with thre...Read More

Peter KrauthSince my last update, the price of silver has given back most of the gains from the previous week. In fact, the price of silver actually finished the month of March in the red. After topping out at $16.50 on March 27, the precious metal dipped below $16.30 just two days later.But there is a bright spot in this recent movement for precious metal investors.Despite moving in a narrow rang...Read More

"With silver-stock sentiment remaining excessively bearish, this sector is primed to soar as silver itself resumes mean reverting higher to catch up..."by Adam Hamilton of Zeal LLCThe silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is de...Read More

Turkish steel producers have resumed their deep-sea scrap purchases following the recent sharp decrease in prices, sources said on Tuesday April 3.A steel producer in the Marmara region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25), 10,000 tonnes of shredded, 5,000 tonnes of a mixture of HMS 1 and plate and structural scrap (P&S), and 5,000 tonnes of new cuttings, at an aver...Read More

By Frank HolmesIf you recall, during the second presidential debate in October 2016, Hillary Clinton falsely claimed that the U.S. is "now, for the first time ever, energy independent." Many were quick to point out the inaccuracies. For one, the U.S. has been a net energy exporter before, most recently in the 1950s. And two, America isn't currently energy independent.But that could change very s...Read More

By Steve St. AngeloAs the BLOOD continues to run on Wall Street, gold and silver were the few assets trading in the green today. As I have mentioned in past articles and interviews, investors need to get used to this sort of trading activity. Even though the Dow Jones Index ended off its lows of the day, it shed another 458 points while the Nasdaq declined 190 points and the S&P fell 60.As t...Read More

SRSrocco says "falling mine supply of silver when investors around the world wake up to the tremendous STORE OF WEALTH properties of the..."by Steve St Angelo of SRSrocco ReportSilver mine supply from the world's fourth-largest silver producer fell significantly at the beginning of 2018. According to Chile's Ministry of Mines, domestic silver production in January declined 20% versus the same mo...Read More

Source: Jack Chan for Streetwise Reports 04/02/2018 Technical analyst Jack Chan updates the gold and silver charts. -->Our proprietary cycle indicator is up.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term buy signal. Short-term signals can last for days and week...Read More

The tariffs were proposed "in response to China's policies that coerce American companies into transferring their technology and intellectual property to domestic Chinese enterprises."Continue...Read More

- Gold signs off Q1 2018 with best run since 2011- Gold price supported by safe haven demand, interest-rate concerns and inflation- Trade wars and concerns over equity market have sent investors towards gold- ETF holdings highest in nearly a decade- Goldman Sachs: 'The dislocation between the gold prices and U.S. rates is here to stay'Gold ended March with it's best performance since 2011. The s...Read More

Turkish domestic scrap prices have fallen over the past week amid weakening imported scrap prices, sources said on Tuesday April 3.Metal Bulletin's weekly price assessment for domestic auto bundle (DKP grade) scrap in Turkey was TRY1,270-1,500 ($320-378) per tonne delivered, down from last week's TRY1,300-1,520 per tonne.A number of steel mills and a major scrapyard have reduced their buy prices f...Read More

Source: Clive Maund for Streetwise Reports 04/01/2018 Technical analyst Clive Maund reviews the most recent COT reports, and sees gold and silver diverging right now. -->We've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very cle...Read More

Gold rose on safe haven demand on the back of the stock market sell off. Chinese retaliation on American goods will ensure that gold continues to remain firm. Gold will rise as long as uncertainty over the bullish trend in the global stock market is there. Physical demand in Asia will rise as laggards buy gold. I also see more and more new investors starting to invest in gold. Silver will catch...Read More